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Business
Bank of Maharashtra, Indian Bank, IOB Join 5 NIFTY500 Firms with Nine‑Quarter Profit Growth Streak
✍️ Upstox
🗓 24 Jul 2026, 09:49 PM
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Three banks—Bank of Maharashtra, Indian Bank, and IOB—are among five NIFTY500 companies that have recorded profit growth for nine consecutive quarters, according to Upstox data.
Upstox data shows that five NIFTY500 firms have maintained profit growth for nine consecutive quarters. Among them are Bank of Maharashtra, Indian Bank, and IOB. The banks have posted consistent earnings growth, reflecting resilience amid market volatility. Analysts note that sustained growth over nine quarters is rare in the banking sector, indicating strong fundamentals and effective risk management. The other two firms in the group are not named here but the trend underscores a segment of the index showing robust performance.